Hedge Funds

The plan is seeking several absolute return managers for a yet to be determined allocation.

A Mid-Atlantic plan disclosed two recent commitments at today’s board meeting.

A university in the South approved three private equity commitments and redemptions from two hedge fund managers within its endowment.

The plan approved two manager searches at a meeting last week and also terminated a manager.

Institutions are struggling with how to allocate their alternatives portfolios in search of alpha in today’s markets due to interest rates near all-time lows, tight credit spreads and high equity valuations, according to a recent webinar.

He will lead global trading and manage an index strategy.